Gas

SEACOR Marine Expected to Limit Rights of Victims After Offshore Capsize: Maritime Lawyers at Williams Hart

Other Transport, Legal, Labor, Maritime, Other Energy, Transport, Oil, Gas, Professional services, Public policy, Government, Energy
Friday, April 16, 2021 - 6:53pm

b'One person is dead, and 12 people are missing after the Seacor Power commercial lift boat capsized during severe weather conditions on Tuesday afternoon.

Key Points: 
  • b'One person is dead, and 12 people are missing after the Seacor Power commercial lift boat capsized during severe weather conditions on Tuesday afternoon.
  • Nineteen employees and contractors were on board.
  • According to the U.S. Coast Guard, at least six people were rescued and transported to safety.\nThe 129-ft lift-boat is used for offshore oil and gas exploration and can carry more than 40,000 gallons of fuel oil.
  • Founding partner John Eddie Williams \xe2\x80\x99 father and grandfather were both union longshoremen , and he is a strong advocate of workers\xe2\x80\x99 rights.

Gulf Coast Ultra Deep Royalty Trust Announces Quarterly Cash Distribution

Oil, Gas, Energy
Friday, April 16, 2021 - 9:15pm

b"(a) Attributable to the onshore Highlander subject interest which is the only subject interest with commercial production.\nAbout Gulf Coast Ultra Deep Royalty Trust.

Key Points: 
  • b"(a) Attributable to the onshore Highlander subject interest which is the only subject interest with commercial production.\nAbout Gulf Coast Ultra Deep Royalty Trust.
  • The subject interests and the Trust\xe2\x80\x99s overriding royalty interests are described in the Trust\xe2\x80\x99s filings with the Securities and Exchange Commission (SEC).
  • Any differences in actual cash receipts by the Trust could affect the amount of quarterly cash distributions.
  • If you have any questions related to the Trust, please see below for contact information:\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210416005478/en/\n"

Permianville Royalty Trust Announces Monthly Operational Update

Oil, Gas, Energy
Friday, April 16, 2021 - 9:15pm

Future distributions are expected to be made on a monthly basis.

Key Points: 
  • Future distributions are expected to be made on a monthly basis.
  • All statements contained in this press release, other than statements of historical facts, are \xe2\x80\x9cforward-looking statements\xe2\x80\x9d for purposes of these provisions.
  • In addition, future monthly capital expenditures may exceed the average levels experienced in prior years.
  • Neither the Sponsor nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release.

CGTN: Leading With Action: China in the Fight for Carbon-Neutral Future

Utilities, Environment, Oil, Gas, Coal, Alternative energy, Energy, Nuclear
Friday, April 16, 2021 - 5:29pm

b'Climate change is not taking a break from wreaking havoc in 2020, with the joint highest global temperatures on record, rampant bushfires, the faster rates of sea level rise and the extinction of some species.\nThis press release features multimedia.

Key Points: 
  • b'Climate change is not taking a break from wreaking havoc in 2020, with the joint highest global temperatures on record, rampant bushfires, the faster rates of sea level rise and the extinction of some species.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210416005435/en/\nUnder this circumstance, Chinese President Xi Jinping, French President Emmanuel Macron, and German Chancellor Angela Merkel held a virtual meeting Friday on climate change, ahead of the Leaders\' Climate Summit on Earth Day convened by the U.S., scheduled next week.\nEmphasizing that he always advocates building a community with a shared future for mankind, the Chinese president voiced his willingness to strengthen cooperation with France and Germany on climate change.\n"Tackling climate change is a common cause for all mankind and it should not become a geopolitical bargaining chip, a target for attacking other countries, or an excuse for trade barriers," he added.\nPresident Xi on Friday\'s meeting reiterated China\'s ambitious climate target to bring the country\'s carbon dioxide emissions peak before 2030 and achieve carbon neutrality before 2060.\n"This means that China, the world\'s largest developing country, will complete the world\'s highest reduction in carbon intensity and move from carbon peak to carbon neutral in the world\'s shortest time.
  • "\nThe 14th Five-Year Plan unveiled that China\'s energy consumption per unit of GDP and carbon dioxide emissions per unit of GDP will be reduced by 13.5 percent and 18 percent, respectively, between 2021 and 2025.
  • It also aims to increase the share of non-fossil energy in total energy consumption to around 20 percent.\nAccording to Climate Action Tracker (CAT), if China\'s goal of carbon neutrality before 2060 is achieved, it will alone lower global warming projections by around 0.2 to 0.3 degrees Celsius, the biggest single reduction ever estimated by CAT.\nMeanwhile, China\'s commitment goes beyond the 2065-2070 global carbon neutrality schedule under the Paris Agreement 2 degrees Celsius scenario, which could move global carbon neutrality ahead by 5-10 years.\n"The Chinese side honors our promises with concrete actions," President Xi told Macron and Merkel, adding that China has incorporated peaking carbon emissions and achieving carbon neutrality into overall layout of building an ecological civilization and endeavored to build a green and low-carbon circular economy.\nChina, with its economic progress over the past decades largely powered by coal, is now among the world\'s biggest investors in renewable energy, owning 30 percent of the world\'s installed capacity of renewable energy.\nThe share of clean energy consumption in the country has risen from 19.1 percent in 2016 to 24.3 percent in 2020, data from the National Bureau of Statistics showed.\nA 2019 study using data from NASA satellites shows that global green leaf area has increased by five percent since the early 2000s, with at least 25 percent of that gain coming in China.\nChina\'s forest coverage rate has risen from 12 percent in the early 1980s to 23.04 percent in 2020.\nAs President Xi also mentioned at the summit, China has been actively working with other countries to cope with climate change especially under the South-South cooperation framework.\nAccording to the Ministry of Ecology and Environment, China has so far signed 38 cooperation agreements on climate change with 35 countries and helped train 2,000 officials and technical personnel from 120 developing countries.\n'

New Jersey Resources Schedules Fiscal 2021 Second-Quarter Earnings Call

Oil, Gas, Alternative energy, Energy, Other Energy, Utilities
Friday, April 16, 2021 - 4:36pm

b'New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 second-quarter earnings results on Thursday, May 6, 2021, at 10 a.m.

Key Points: 
  • b'New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 second-quarter earnings results on Thursday, May 6, 2021, at 10 a.m.
  • ET.
  • President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJR\xe2\x80\x99s financial and operational performance for the second quarter of fiscal 2021.\nA few minutes prior to the webcast, go to njresources.com and select \xe2\x80\x9cInvestor Relations.\xe2\x80\x9d Scroll down and click the link to the conference call under \xe2\x80\x9cLatest Events\xe2\x80\x9d on the right side of the page and click on the webcast link.\nNew Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services.
  • For more information about NJR: www.njresources.com .\nFollow us on Twitter @NJNaturalGas.\n'

Former Soviet Union Oil and Gas Projects Outlook Report 2021-2025 - Development Stage, Capacity, Capex and Contractor Details of All New Build and Expansion Projects - ResearchAndMarkets.com

Oil, Gas, Energy
Friday, April 16, 2021 - 2:41pm

b'The "Former Soviet Union Oil and Gas Projects Outlook to 2025 - Development Stage, Capacity, Capex and Contractor Details of All New Build and Expansion Projects" report has been added to ResearchAndMarkets.com\'s offering.\nThe total number of oil and gas projects in the Former Soviet Union expected to start operations from 2021 to 2025 are 536.

Key Points: 
  • b'The "Former Soviet Union Oil and Gas Projects Outlook to 2025 - Development Stage, Capacity, Capex and Contractor Details of All New Build and Expansion Projects" report has been added to ResearchAndMarkets.com\'s offering.\nThe total number of oil and gas projects in the Former Soviet Union expected to start operations from 2021 to 2025 are 536.
  • Of these, upstream projects would be 73, midstream at 124 projects, refineries at 112, and petrochemicals would be the highest with 227 projects.\nUpdated information on oil and gas, planned and announced projects in the Former Soviet Union with start years up to 2025\nProvides projects breakdown by sector, project type, and project stage at regional and country level\nProvides key details such as project development stage, capacity, and project cost for planned and announced projects in the Former Soviet Union, wherever available\nProvides EPC contractor, design/FEED contractor, and other contractor details for oil and gas projects, wherever available\n1.1 What is this Report About?\n2.1 Oil and Gas Projects in Former Soviet Union, Overview of Projects Data\n2.2 Oil and Gas Projects in Former Soviet Union, Projects by Sector\n2.3 Oil and Gas Projects in Former Soviet Union, Projects by Type\n2.4 Oil and Gas Projects in Former Soviet Union, Projects by Stage\n2.5 Oil and Gas Projects in Former Soviet Union, Projects by Key Countries\n3.1 Oil and Gas Projects in Russia, Overview of Projects Data\n3.2 Oil and Gas Projects in Russia, Projects by Sector\n3.3 Oil and Gas Projects in Russia, Projects by Type\n3.4 Oil and Gas Projects in Russia, Projects by Stage\n3.5 Oil and Gas Projects in Russia, Projects Development Stage, Capacity, Project Cost, and Contractor Details\n4.1 Oil and Gas Projects in Kazakhstan, Overview of Projects Data\n4.2 Oil and Gas Projects in Kazakhstan, Projects by Sector\n4.3 Oil and Gas Projects in Kazakhstan, Projects by Type\n4.4 Oil & Gas Projects in Kazakhstan, Projects by Stage\n4.5 Oil and Gas Projects in Kazakhstan, Projects Development Stage, Capacity, Project Cost, and Contractor Details\n5.1 Oil and Gas Projects in Uzbekistan, Overview of Projects Data\n5.2 Oil and Gas Projects in Uzbekistan, Projects by Sector\n5.3 Oil and Gas Projects in Uzbekistan, Projects by Type\n5.4 Oil & Gas Projects in Uzbekistan, Projects by Stage\n5.5 Oil and Gas Projects in Uzbekistan, Projects Development Stage, Capacity, Project Cost, and Contractor Details\n6.1 Oil and Gas Projects in Azerbaijan, Overview of Projects Data\n6.2 Oil and Gas Projects in Azerbaijan, Projects by Sector\n6.3 Oil and Gas Projects in Azerbaijan, Projects by Type\n6.4 Oil & Gas Projects in Azerbaijan, Projects by Stage\n6.5 Oil and Gas Projects in Azerbaijan, Projects Development Stage, Capacity, Project Cost, and Contractor Details\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210416005340/en/\n'

Global Energy Markets Outlook Report 2021: 2020 in Review, Geopolitics, Oil Firms and Oil Markets, Transition, Hydrogen - ResearchAndMarkets.com

Oil, Gas, Energy
Friday, April 16, 2021 - 2:38pm

b'LNG market under increasing pressure - Chris Goncalves, Alayna Tria and Tristan Van Kote\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210416005337/en/\n'

Key Points: 

b'LNG market under increasing pressure - Chris Goncalves, Alayna Tria and Tristan Van Kote\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210416005337/en/\n'

World Gas Map, 2021 Edition - Major Gasfields, Major Gas Pipelines, LNG Import Terminals and Export Plants, GTL Projects - ResearchAndMarkets.com

Oil, Gas, Energy
Friday, April 16, 2021 - 2:12pm

b'The "World Gas Map, 2021 Edition" map has been added to ResearchAndMarkets.com\'s offering.\nThe World Gas Map explores the international gas markets and associated infrastructure.\nTimeline for 2020 detailing major developments in gas exploration, production, and discovery, by month\n'

Key Points: 

b'The "World Gas Map, 2021 Edition" map has been added to ResearchAndMarkets.com\'s offering.\nThe World Gas Map explores the international gas markets and associated infrastructure.\nTimeline for 2020 detailing major developments in gas exploration, production, and discovery, by month\n'

Global Economic Recovery in Post-Pandemic 2021: China and India to See Growth of 8% or More - ResearchAndMarkets.com

Energy, Other Manufacturing, Manufacturing, Oil, Gas
Friday, April 16, 2021 - 11:17am

China should see 8.0% growth for 2021, while India will see its 2021-2022 fiscal year growth accelerating to 10.9%.

Key Points: 
  • China should see 8.0% growth for 2021, while India will see its 2021-2022 fiscal year growth accelerating to 10.9%.
  • Recovery started picking up towards the second half of the year with the easing of COVID-19 restrictions.
  • The global economy is most likely, for example, to see a U-curve recovery into 2021.
  • Growth Opportunity Universe - Global Economy, 2021\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210416005223/en/\n'

Equitrans Midstream Corporation Supports Industry Methane Reduction Efforts

Oil, Gas, Energy
Friday, April 16, 2021 - 11:30am

b'Equitrans Midstream Corporation (NYSE: ETRN) supports the U.S. oil and gas industry\'s ongoing efforts to reduce methane emissions and reaffirms its prior opposition to the U.S. Environmental Protection Agency\'s (EPA) rollback of methane regulations in 2020.

Key Points: 
  • b'Equitrans Midstream Corporation (NYSE: ETRN) supports the U.S. oil and gas industry\'s ongoing efforts to reduce methane emissions and reaffirms its prior opposition to the U.S. Environmental Protection Agency\'s (EPA) rollback of methane regulations in 2020.
  • "\n"We must continue to push our industry forward in a meaningful way in order to effectuate real mitigation of climate change impacts, and we support approval of the methane resolution under the Congressional Review Act,\xe2\x80\x9d said Diana Charletta, president and chief operating officer of Equitrans Midstream.
  • "\nETRN acknowledges that it is not enough to achieve regulatory compliance on methane emissions in order to address the global impacts of climate change.
  • With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 with the vision to be the premier midstream services provider in North America.